Writer


Also found in: Dictionary, Thesaurus, Legal, Acronyms, Idioms, Encyclopedia, Wikipedia.
Related to Writer: Freelance writer

Writer

The seller of an option, usually an individual, bank, or company that issues the option and consequently has the obligation to sell the asset (if a call) or to buy the asset (if a put) on which the option is written if the option buyer exercises the option.

Option Writer

One who originally sells an option contract. In exchange for the premium, the option writer takes on an obligation to buy or sell (depending on the type of option) the underlying asset at the discretion of the option holder. For example, in a call, the option writer must sell the underlying asset to the option holder if the holder decides to exercise the option. If the option writer does not already have a long position in the underlying asset, he/she must obtain one so as to sell the position and fulfill the contract.

writer

The person who creates an option by selling an option contract in an opening transaction. An investor may be the writer of a call or a put. See also naked writer.

Writer.

In the options market, a writer is someone who sells put or call options, an activity known as writing a call or writing a put.

Unlike the buyer, or holder, of an option, who can exercise an option or let it expire, as the writer you must meet the terms of the contract if the option is exercised and assigned to you.

You collect a premium for selling the option, which may provide a profit if the option expires worthless, and you always have the right, before exercise, to buy an offsetting contract and end your obligation to buy or sell.

References in classic literature ?
36} The lines which I have enclosed in brackets are evidently an afterthought--added probably by the writer herself--for they evince the same instinctively greater interest in anything that may concern a woman, which is so noticeable throughout the poem.
37} Sparta and Lacedaemon are here treated as two different places, though in other parts of the poem it is clear that the writer understands them as one.
Is it unfair to argue that the writer is a person of somewhat delicate sensibility, to whom a strong smell of fish is distasteful?
For that the writer of the "Odyssey" was the person who has been introduced into the poem under the name of Nausicaa, I cannot bring myself to question.
46} Surely here again we are in the hands of a writer of delicate sensibility.
Surely the writer does not mean that a pleasant or delectable island would not be fit for breeding horses?
I have elsewhere stated my conviction that the writer of the "Odyssey" was familiar with the old Sican city at the top of Mt.
The reader will observe that the writer has been unable to keep the women out of an interpolation consisting only of four lines.
53} the writer evidently thought that green, growing wood might also be well seasoned.
59} It would seem as though the writer thought that Marathon was close to Athens.
60} Here the writer, knowing that she is drawing (with embellishments) from things actually existing, becomes impatient of past tenses and slides into the present.
The writer evidently attached the utmost importance to it.